ADCORP HOLDINGS LIMITED - Dealing in securities by a director of the company and a major subsidiary

Dealing in securities by a director of the company and a major subsidiary

Adcorp Holdings Limited
Registration number 1974/001804/06
Share code: ADR
ISIN number: ZAE000000139
(“Adcorp” or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY AND A MAJOR
SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed in respect of an off-market exercise of
Performance Shares (PFs) for Adcorp ordinary shares (“securities”):

Director                       : MA Jurgens
Date of transaction            : 28 May 2018
Number of securities           : 86 100
Nature of transaction          : Exercise of PFs and subsequent cash
                               payment to the said director
Share price                    : R17.03
Total value of transaction     : R1,466,283
Nature of interest             : Direct Beneficial
Clearance obtained             : Yes


Director of major subsidiary
(being Adcorp Workforce
Solutions (Pty) Ltd            : K Vittee
Date of transaction            : 28 May 2018
Number of securities           : 86 100
Nature of transaction          : Exercise of PFs and subsequent cash
                               payment to the said director
Share price                    : R17.03
Total value of transaction     : R1,466,283
Nature of interest             : Direct Beneficial
Clearance obtained             : Yes


29 May 2018
Bryanston

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

Date: 29/05/2018 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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